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Nov 12, 2012
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david: thank you, sandy. george lucaas is sell to the film companying to $4 billion this year may save him tens of millions of dollars of capital-gains taxes if he completes the deal before rates go up january 1st. while on a much smaller scale there are many more deals being struck before the clock strikes on a 15% capital gains rate. one of the deals is made by burt wolf whose okay again business was in his family since 1936 but he sold before the higher taxes kicked in. burt joins us now. you're thinking like a billionaire because presumably why george lucas wants to sell, right? >> if you say so. david: why are you selling? what is the specific reason you're selling now? the family has been in business for three or four generations. why sell now? >> well, we've had, i have had several years of really good business. the energy sector in texas has been really, really booming. my son's bret and zachary, the fourth generation are not coming into the business. and looking towards next year with the tax situati
david: thank you, sandy. george lucaas is sell to the film companying to $4 billion this year may save him tens of millions of dollars of capital-gains taxes if he completes the deal before rates go up january 1st. while on a much smaller scale there are many more deals being struck before the clock strikes on a 15% capital gains rate. one of the deals is made by burt wolf whose okay again business was in his family since 1936 but he sold before the higher taxes kicked in. burt joins us now....
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sandy was ten days ago. some still without power. ouch. a half to get back to the market because big things are happening and apple. way down. what's going on? >> reporter: down $13 right now. we saw it in the early go. a little apparel. quickly back into the red, but as we noted, oppenheimer saying it is a buying a opportunity. stuart: one other stock. i have to mention it. it's called the walking dead. is that a tv show? >> reporter: the walking dead on amc is humongous. it is about zombies, and it is more popular than shows like modern family and the big bang theory, and that is why the stock is jumping, hitting a new high, coming in with estimates that are beating the street, and it is propelling revenue. stuart: strange isn't it. i was so concerned about the election that i forgot all about the walking dead. my mistake. i'm is to stop there. >> reporter: climate change. stay focused. stuart: doing my best. thank you. ten days after sandy, and the northeast is still suffering. there is some gas. you can get it, but not that much. some
sandy was ten days ago. some still without power. ouch. a half to get back to the market because big things are happening and apple. way down. what's going on? >> reporter: down $13 right now. we saw it in the early go. a little apparel. quickly back into the red, but as we noted, oppenheimer saying it is a buying a opportunity. stuart: one other stock. i have to mention it. it's called the walking dead. is that a tv show? >> reporter: the walking dead on amc is humongous. it is...
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superstorm sandy will impact retailers, but how? some it will be for the better and some of course for the worst. which ones will play out as winners? which one as losers? chief equity strategist at nbg living and breathes retail. he will tell us who the winners and losers will be going into the holiday shopping season. stay tuned. i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. 's like another chapter. >> i'm robert gray with your fox business brief. shares of zillow are plunging ahead of the release that's due after the closing bell. the on-line real estate company has beaten earnings estimates in four straight quarters. demand media also slated to release results today. it is up big today but its stock along with jive have both stumbled and now below 2001 -- 2011 initial pub
superstorm sandy will impact retailers, but how? some it will be for the better and some of course for the worst. which ones will play out as winners? which one as losers? chief equity strategist at nbg living and breathes retail. he will tell us who the winners and losers will be going into the holiday shopping season. stay tuned. i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on...
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Nov 23, 2012
11/12
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>> saks fifth avenue has been hurt by hurricane sandy, superstorm sandy, 40% of their store bases in the northeast, so they felt a greater impact and there's also a little bit of aspirational high end consumer probably being a little more cautious. says sales came in a lighter than expected and that trend is continuing into this quarter. tracy: you think aerospatiale will be a loser. they have been for a while. >> i hate to call anyone a loser but -- all right. they are a little more promotional this year. they were 60% off all day long, last year they were 60% off until 1:00 and then went to 50% and when we have been in the mall since midnight, as we went through, it was busy and crowded that people buying merchandize was all lower than other stores so their performance doesn't appear to be doing as well as others. dave: you have been there since midnight. this is a woman who has not swept. she deserves extra credit for being with us. we have an extra weekend between thanksgiving and christmas. is that going to be a big boost for retailers? >> that should be a 3% to 4% is for septem
>> saks fifth avenue has been hurt by hurricane sandy, superstorm sandy, 40% of their store bases in the northeast, so they felt a greater impact and there's also a little bit of aspirational high end consumer probably being a little more cautious. says sales came in a lighter than expected and that trend is continuing into this quarter. tracy: you think aerospatiale will be a loser. they have been for a while. >> i hate to call anyone a loser but -- all right. they are a little...
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Nov 13, 2012
11/12
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what will sandy do? they are concerned about india, where demand at this time of the year is usually great, but high price of gold, the weak rupi and economic problems everywhere have kept buyers on the sidelines and that's what we're seeing here. we're seeing buyers on the sidelines for now. liz: because, and you give us a little less of the three big fears. people simply don't have enough money right now? >> they're conserving money because they're concerned about physical problems. they're concerned about new regulations. they're concerned about taxation. and they have a myriad of things that worry them, and the question is, what in the next 29 days will our government do to solve some of these problems and then, you could see a release of fund back into the gold market. liz: at what point? when we get a week out before january 1st? when we tip over the fiscal cliff if there isn't a deal? >> that is what it is about. liz: give me a point on the calendar, george. >> i can tell you probably looking forw
what will sandy do? they are concerned about india, where demand at this time of the year is usually great, but high price of gold, the weak rupi and economic problems everywhere have kept buyers on the sidelines and that's what we're seeing here. we're seeing buyers on the sidelines for now. liz: because, and you give us a little less of the three big fears. people simply don't have enough money right now? >> they're conserving money because they're concerned about physical problems....
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it is the sandy stealth stimulus. and i think advisors want to be able to see with all of the damage 60 million people impacted there's a lot of television sets and automobiles and housing and all these things that will be impacted. in terms of purchasing. if you're taxing those people that have that ability, if you're taking away that stimulus, it is going to have an impact on the economy. lori: so do you understand why some people would look at the survey, john, i'm playing devil's advocate, it is really skewed. mitt romney always had the 1%, if you will, vote. is there anything to takeaway in terms of what tax policy should look like across the board, specifically corporate taxes even in that respect to really get the economy and working the jobless crisis as well going again? >> i think so. 70% of the respondents said that we need to see a cut in corporate taxes. now we both know that both candidates are proposing this. i think the key is going to be how well they do in getting rid of loopholes that really have ma
it is the sandy stealth stimulus. and i think advisors want to be able to see with all of the damage 60 million people impacted there's a lot of television sets and automobiles and housing and all these things that will be impacted. in terms of purchasing. if you're taxing those people that have that ability, if you're taking away that stimulus, it is going to have an impact on the economy. lori: so do you understand why some people would look at the survey, john, i'm playing devil's advocate,...
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Nov 12, 2012
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and pete also has family affected by sandy. what was the impact of sandy on your family? >> all five of my children have homes down here and they all lost their homes including myself. liz: all five of your children lost their homes? >> yes. liz: you lost your home as well in. >> yes, i got flooded out also. liz: what do you make of the government's response here? >> slow initially. particularly the large government federal agencies, fema. but fema once they got on the ground and up and going, they have been doing a very credible job. they're a bureaucracy. they're not a first response agency like the police and fire department. so that would be expected of them. liz: what we're seeing here charles is we're in st. francis church, and this is a grassroots operation where basically the community and people from the other outer burroughs have been donating food and clothes and all sorts of provisions for the people here. what did you learn from hurricane sandy? it seems to be worse than other hurricanes to the new york city area. >> this is far worse than anything we have ev
and pete also has family affected by sandy. what was the impact of sandy on your family? >> all five of my children have homes down here and they all lost their homes including myself. liz: all five of your children lost their homes? >> yes. liz: you lost your home as well in. >> yes, i got flooded out also. liz: what do you make of the government's response here? >> slow initially. particularly the large government federal agencies, fema. but fema once they got on the...
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charles: and images from sandy aren't helping the president anymore, hurting him. stuart: look at this, two states, new york and new jersey, two separate responses to the gas line problem. okay? and first of all, we had chris christie. >> talking about new york. >> and fema came to me and said that they wanted to give away free gas and i told them no. they said, well, we'll take your gas back if you we don't give it away for free. because i was not going to set up the mayhem in new jersey that they had across the river. i said no, and we worked it out and fema is not distributing that to gas stations. >> that's chris christie, talking about the odd-even gas line for license plates, contrast that within new york, governor cuomo accepted the free gas idea, created an absolute frenzy, total chaos, long lines and they dropped the whole thing, so, i guess, charles, free gas is not always good gas. it's the exact opposite than the friday discussion on the price gouging, a lot of the large elements to this is panic and free gas to it, and it makes it worse. >> and depende
charles: and images from sandy aren't helping the president anymore, hurting him. stuart: look at this, two states, new york and new jersey, two separate responses to the gas line problem. okay? and first of all, we had chris christie. >> talking about new york. >> and fema came to me and said that they wanted to give away free gas and i told them no. they said, well, we'll take your gas back if you we don't give it away for free. because i was not going to set up the mayhem in new...
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if it was run of i will in northeaster without sandy yeah we could deal with it. we dealt with it with it before. everything is fragile. including people without homes, people without power. temperatures below freezing tonight. that is the other big problem people have been without power for a week and a half in some of these areas. tracy: janice dean. everyone's patience is thin. what happened with snow before christmas? this happened last year too? lori: economic bright spot for ski resorts. i'll trying. tracy: that is a reach. lori: a reach. lori: i said it was desperate. areas for east coast trying to recovery from hurricane sandy, that nor'easter is last thing they need according to janice's now cast. liz macdonald is live from staten island for us. give us a sense how people are feeling today, if relief and recovery is making any progress or they're just battening down the hatches all over again? >> that's right, lori. we're a mile away from the ocean. we're in the heart of the business district on staten island. snow is coming down, big flakes. we're outsid
if it was run of i will in northeaster without sandy yeah we could deal with it. we dealt with it with it before. everything is fragile. including people without homes, people without power. temperatures below freezing tonight. that is the other big problem people have been without power for a week and a half in some of these areas. tracy: janice dean. everyone's patience is thin. what happened with snow before christmas? this happened last year too? lori: economic bright spot for ski resorts....
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stuart: the latest estimate on how much hurricane sandy will cost. is a big number. now new york's governor andrew cuomo says his state suffered a $33 billion damage, throw in lost business and the total cost of the storm comes at $50 billion or more. this would make sandy the most expensive storm in the nation's history behind hurricane katrina. residents of california have a one party liberal government along with their 13% tax rate. that is on the way. formerly golden state elected a democratic supermajority for the first time in seventy-nine years. democrats are free to raise taxes to help pay for the more than $93 billion the state has in our standing debt and there is no gop in the way to challenge it. joining us is mark from front-line strategies. you didn't think it was going to be this bad. we had you on the show several times before the election and you didn't think it was going to be this bad. you want to do a male:our save it to later? >> i asked your producers to have you be kind with me this morning. you are absolutely right. i take it all back. i am ab
stuart: the latest estimate on how much hurricane sandy will cost. is a big number. now new york's governor andrew cuomo says his state suffered a $33 billion damage, throw in lost business and the total cost of the storm comes at $50 billion or more. this would make sandy the most expensive storm in the nation's history behind hurricane katrina. residents of california have a one party liberal government along with their 13% tax rate. that is on the way. formerly golden state elected a...
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it wasn't just 13 sandy. the mainstream media backed president obama on several issues throughout the campaign. joining us is brent basel of media research. did the media help president obama? of course. you told us many times. here is my point. may be the establishment media reflects a change in america, a change to american society. when they get out and held president obama rhee distribute and beat on his side to that effect they simply reflect underlying trends in our society. emma right? am i completely wrong? >> if you look at the philosophies of voters out there, only 18% called themselves liberals. people don't subscribe to this redistribution policy obama has. what happened was this. the press was out of control this year in its agenda to elect barack obama. it did it two ways. the dimensional way, through the politics by commission. they introduced a new bias which was the bias by omission. they stopped reporting news. if it went against the narrative. two questions we have to determine still, what
it wasn't just 13 sandy. the mainstream media backed president obama on several issues throughout the campaign. joining us is brent basel of media research. did the media help president obama? of course. you told us many times. here is my point. may be the establishment media reflects a change in america, a change to american society. when they get out and held president obama rhee distribute and beat on his side to that effect they simply reflect underlying trends in our society. emma right?...
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thousands just never got it back from hurricane sandy. what is in store for the rest of the winter it? how will this impact the economy? that's next next. ashley: i don't know if i want to know. look at do are lar -- dollar. ecb holding key interest rate. and u.s. dropping against -- most currencies dropping against the dollar except for the japanese yen. we'll be right back. those little tngs still t you. for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for ily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor abt all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. si
thousands just never got it back from hurricane sandy. what is in store for the rest of the winter it? how will this impact the economy? that's next next. ashley: i don't know if i want to know. look at do are lar -- dollar. ecb holding key interest rate. and u.s. dropping against -- most currencies dropping against the dollar except for the japanese yen. we'll be right back. those little tngs still t you. for you, life's about her. but your erectile dysfunction - that could be a question of...
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they say that global warming didn't cause sandy but it made it worse. one thing we know for sure, that sea levels have been rising over the last century and they will be rising more. melissa: yeah, i hear you. i just don't know how often it is that gas stations in the northeast lose power. i mean obviously been a huge problem this time around but i mean i don't know when the last time this happened. doing something, we're spending so much money on backup generators. also another huge problem was power at terminals was a big problem. it wasn't just the gas stations. that was at least half the problem. >> you speak to a bigger issue. the larger issue is what we do going into it. this is giving new jersey a time to have a heart to heart. we have to figure out how we rebuild our entire infrastructure. that include, you're right, not just gas stations but do we have enough backup power for cell towers? do we have backup pow for terminals that supply the gas? what about our drinking water? we have to rethink in new jersey as we rebuild how we rebuild better,
they say that global warming didn't cause sandy but it made it worse. one thing we know for sure, that sea levels have been rising over the last century and they will be rising more. melissa: yeah, i hear you. i just don't know how often it is that gas stations in the northeast lose power. i mean obviously been a huge problem this time around but i mean i don't know when the last time this happened. doing something, we're spending so much money on backup generators. also another huge problem...
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we're struggling after the superstorm sandy. we have a nor'easter that will basically sweep through the entire region ahead. we have the latest storm track ahead. lori: scott wren said some of the more romney positive stocks are doing well and there is chatter, some rumor is doing well in some of the swing states that might be driving rally. there are winners and losers. come to your own conclusions. apollo group up 6%. electronic arts a nice pop. there are losers as well. express scripts after 11% and change. -pwe're back after this 0t[h7 [ male announcer ] this is joe woods' first day of work. and his new boss told him twongs -- cook what you love, and save your money. joe doesn't know it yet, but he'll wk his way up from busser to waiter to chef before opening a restaurant specializing in fish and me from the great northwest. he'll start investing early, he'll find me good people to help guide him, nd he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ame
we're struggling after the superstorm sandy. we have a nor'easter that will basically sweep through the entire region ahead. we have the latest storm track ahead. lori: scott wren said some of the more romney positive stocks are doing well and there is chatter, some rumor is doing well in some of the swing states that might be driving rally. there are winners and losers. come to your own conclusions. apollo group up 6%. electronic arts a nice pop. there are losers as well. express scripts after...
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stuart: rudy guiliani says federal emergency management, their response to sandy was as bad as fema's response to katrina under george bush. charles: i don't agree. i do agree that giving the president and fema a goldstar 20 minutes into the disaster and the assumption that they will make it right, at this moment 1.4 billion people in this area without power. i got mine yesterday. first responders, regular citizens, businesses have been up there. fema may be ac at best. with the hindsight of katrina, now led ministration should be under a plus from here on? stuart: america votes and "varney and company" watches with outstanding journalist, meghan kelly joins us next to tell us what to expect and when to expect as polls close and results come in. i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. but when i
stuart: rudy guiliani says federal emergency management, their response to sandy was as bad as fema's response to katrina under george bush. charles: i don't agree. i do agree that giving the president and fema a goldstar 20 minutes into the disaster and the assumption that they will make it right, at this moment 1.4 billion people in this area without power. i got mine yesterday. first responders, regular citizens, businesses have been up there. fema may be ac at best. with the hindsight of...
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Nov 14, 2012
11/12
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the iaea blames superstorm sandy, you remember her. >>> bipartisan group of 28 governors want congress to renew a wind energy tax credit. governors say letting tax break expire will cost 37,000 jobs and drive away $10 billion of private investment. it expires a t end of this year. >>> next on money, elizabeth warren hasn't even been sworn into the u.s. senate but she already hasthe entire banking industry shaking in its boots. one of her biggest supporters couldn't be haier. i codn't disagree more. he is here to debate it out with me. >>> plus, iran fles its military muscle as sanctions tighten their grip around the regime. e the massive war games a signal it may be ready to lash out? more "money" coming up. ♪ ♪ . melissa: so newly-elected senator and former head of the consumer financial protection bureau, she was running fothat, not sure she was head of that,ut public enemy number one on wall street. according to rumors she could end up with a pretty posh assignment on the senate banking committee. do we really want someone so outspoken against the banking industry making rules f
the iaea blames superstorm sandy, you remember her. >>> bipartisan group of 28 governors want congress to renew a wind energy tax credit. governors say letting tax break expire will cost 37,000 jobs and drive away $10 billion of private investment. it expires a t end of this year. >>> next on money, elizabeth warren hasn't even been sworn into the u.s. senate but she already hasthe entire banking industry shaking in its boots. one of her biggest supporters couldn't be haier. i...
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Nov 13, 2012
11/12
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home depot a win-win when it comes to hurricane sandy. not in all cases because obviously they had to close doors but sales did well for them. tracy: this morning you said it doesn't take a brain surgeon to figure out why home depot is up. come on, you're not wrong. you are not wrong, girlfriend. see you in 15 minutes, nicole. >>> coming up we have a fox business exclusive interview with sir martin sorrell, head of globalizing giant wpp. we'll get his take on the state of the global economy. next he will be with peter barnes. but first, let's take a look how the dollar is moving right now as we head out to break. the dollar up against the euro and the u.k. pound, mexican pesos and japanese yen as well. we'll be right back. >> at 21 minutes past the hour i'm arthel neville with your fox news minute. a congressional report suggests that the food and drug administration wanted to shut down the pharmacy responsible for a recent meningitis outbreak back in 2003. the house energy and commerce committee releasing a telling history of the new eng
home depot a win-win when it comes to hurricane sandy. not in all cases because obviously they had to close doors but sales did well for them. tracy: this morning you said it doesn't take a brain surgeon to figure out why home depot is up. come on, you're not wrong. you are not wrong, girlfriend. see you in 15 minutes, nicole. >>> coming up we have a fox business exclusive interview with sir martin sorrell, head of globalizing giant wpp. we'll get his take on the state of the global...
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Nov 21, 2012
11/12
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then we have zale's, also blaming hurricane sandy. it is a jewelry company. they posted a big loss, says 375 of its stores were closed because of that storm. that was just a few days in a three-month long quarter. doesn't seem like investors think it is just a one-time problem. the stock is down 25%. flowers foods is up. hostess is heading to liquidation. and flowers could buy its assets and buy them cheap. that's why the stock is up. more on the twinkies in a moment. with thability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still y the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. stuart: in europe, finance ministers fail to reach a deal on the next round of money for greece. they will meet again on monday. greece has been relying on rescue loans from other euro zone countries and the imf for 2 1/2 years. they will get a bit more time and probably s
then we have zale's, also blaming hurricane sandy. it is a jewelry company. they posted a big loss, says 375 of its stores were closed because of that storm. that was just a few days in a three-month long quarter. doesn't seem like investors think it is just a one-time problem. the stock is down 25%. flowers foods is up. hostess is heading to liquidation. and flowers could buy its assets and buy them cheap. that's why the stock is up. more on the twinkies in a moment. with thability to improve...
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Nov 13, 2012
11/12
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the iaea blames superstorm sandy, you remember her. >>> bipartisan group of 28 governors wants congress to renew a wind energy tax credit. governors say letting tax break expire will cost 37,000 jobs and drive away $10 billion of private investment. it expires at the end of this year. >>> next on money, elizabeth warren hasn't even been sworn into the u.s. senate but she already has the entire banking industry shaking in its boots. one of her biggest supporters couldn't be happier. i couldn't disagree more. he is here to debate it out with me. >>> plus, iran flexes its military muscle as sanctions tighten their grip around the regime. are the massive war games a signal it may be ready to lash out? more "money" coming up. ♪ ♪ ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at th special time of year, they shine even brighter. come to the winter event and get the merdes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer. we
the iaea blames superstorm sandy, you remember her. >>> bipartisan group of 28 governors wants congress to renew a wind energy tax credit. governors say letting tax break expire will cost 37,000 jobs and drive away $10 billion of private investment. it expires at the end of this year. >>> next on money, elizabeth warren hasn't even been sworn into the u.s. senate but she already has the entire banking industry shaking in its boots. one of her biggest supporters couldn't be...
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Nov 13, 2012
11/12
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the license plate system put in place after superstorm sandy. ratcheting continuing in new york city and long island, still a long line of cars and a long island power story, for national grid facing a class-action lawsuit, thousands of presidents still without power more than two weeks after the hurricane. a lawsuit charges them with breach of contract and gross negligence and fraud and obviously there will be hearings. we are hearing from governor cuomo, utilities are monopolies. great investments but monopolies. dennis: the inevitable class-action lawsuit came because we just suffered one of the worst storms in the one hundred years so let's just beat the heck out of private industry but there has been a failure by the utilities to get back up and running fast enough. cheryl: un by living in the northeast, we have seen -- [talking over each other] dennis: lawyers will get rich off of this before anyone else. new york erskine to use what up with gas lines and frustration. we are live at the cme watching those gas prices. cheryl: northeast pres
the license plate system put in place after superstorm sandy. ratcheting continuing in new york city and long island, still a long line of cars and a long island power story, for national grid facing a class-action lawsuit, thousands of presidents still without power more than two weeks after the hurricane. a lawsuit charges them with breach of contract and gross negligence and fraud and obviously there will be hearings. we are hearing from governor cuomo, utilities are monopolies. great...
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Nov 27, 2012
11/12
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will the coast of hurricane sandy keep adding up? man, they are huge now. now the question is who will pay for the storm? federal government or local taxpayers like well, us? liz macdonald here is more with emac's bottom line. do they know the final number? good to be with you guys. they don't know the final number. governor andrew cuomo is weighing in on this debate. cost for new york state, $41 million. 19 billion in new york city alone. what is being incurred to date by the state of new jersey. when all said and done could surpass the cost of hurricane katrina which stood $110 billion. when you look at the numbers, basically the power outages in the region from hurricane sandy are about two times more power outages versus what we saw in hurricane katrina. when it comes to the number of homes destroyed, 50% more homes destroid in hurricane sandy versus hurricane katrina cat. hurricane katrina claimed for lives. 1866 people were killed by hurricane katrina. versus 185 deaths from hurricane sandy. destruction and damage governor cuomo may have it right. as
will the coast of hurricane sandy keep adding up? man, they are huge now. now the question is who will pay for the storm? federal government or local taxpayers like well, us? liz macdonald here is more with emac's bottom line. do they know the final number? good to be with you guys. they don't know the final number. governor andrew cuomo is weighing in on this debate. cost for new york state, $41 million. 19 billion in new york city alone. what is being incurred to date by the state of new...
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Nov 26, 2012
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new york mayor michael bloomberg releasing aid: super storm sandy devastation. the city estimates total public and private losses to be $90 billion. the net cost just south of $10 billion. those are your headlines. dr. dennis. dennis: thank you very much. it is cyber monday, and was expecting you to rack up 1.5-liter dollars of online shopping. adam shapiro at one of the busiest places on earth. the fulfillment center in phoenix, arizona, where 200 orders are being fulfilled every single second. >> that is right. i want you to meet a spokesperson for amazon.com, thank you for having us. their revenue is predicted to beat last year. they were from 16-30%. how crucial is today for that? >> today is an important part of the season and the entire quarter. it is our biggest quarter. this is a big part of that, for sure. >> i was curious, as we come over here, if you talk about quarter being important, and obviously for the success. 200 orders per second, this facility alone or throughout the entire area? cheryl: that was worldwide on cyber monday. that was 17.7 milli
new york mayor michael bloomberg releasing aid: super storm sandy devastation. the city estimates total public and private losses to be $90 billion. the net cost just south of $10 billion. those are your headlines. dr. dennis. dennis: thank you very much. it is cyber monday, and was expecting you to rack up 1.5-liter dollars of online shopping. adam shapiro at one of the busiest places on earth. the fulfillment center in phoenix, arizona, where 200 orders are being fulfilled every single...